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European Countries With a Smaller Economy Than Luxembourg


By: Ian Wright | Last Updated: April 25, 2025

European Countries With a Smaller Economy Than Luxembourg

Map created by reddit user Chief_of_Achnacarry

The map shows European countries whose total GDP (in nominal terms) is smaller than that of tiny Luxembourg. In 2016, according to the IMF, Luxembourg’s total GDP was $60.98 billion, making it the world’s 75th largest economy.

However, with a population of only 543,202 people, this means, on a per capita basis, Luxembourg ranks number 1, according to the IMF (or 3rd behind Liechtenstein and Monaco according to the UN). A total of $101,994 per person!

Going down the list of economies on the map smaller than Luxembourg’s you have:

  1. Lebanon: $51.82 billion ($11,157 per capita)
  2. Bulgaria: $50.45 billion ($6,843 per capita)
  3. Croatia: $49.86 billion ($11,573 per capita)
  4. Belarus: $48.13 billion ($5,749 per capita)
  5. Slovenia: $44.12 billion ($20,747 per capita)
  6. Lithuania: $42.78 billion ($14,180 per capita)
  7. Tunisia: $42.39 billion ($3,923 per capita)
  8. Jordan: $39.45 billion ($3,976 per capita)
  9. Serbia: $37.76 billion ($5,120 per capita)
  10. Azerbaijan: $35.69 billion ($5,739 per capita)
  11. Latvia: $27.95 billion ($13,573 per capita)
  12. Estonia: $23.48 billion ($17,896 per capita)
  13. Cyprus: $19,93 billion ($22,822 per capita)
  14. Iceland: $19.44 billion ($50,277 per capita)
  15. Bosnia and Herzegovina: $16.53 billion ($4,140 per capita)
  16. Georgia: $14.46 billion ($3,754 per capita)
  17. Arab Palestinian areas: $12.77 billion ($2,712 per capita) [UN]
  18. Albania: $12.14 billion ($3,945 per capita)
  19. Armenia: $10.75 billion ($3,521 per capita)
  20. Macedonia: $10.49 billion ($4,871 per capita)
  21. Malta: $10.46 billion ($22,713 per capita)
  22. Monaco: $7.06 billion ($165,871 per capita) [UN]
  23. Moldova: $6.65 billion ($1,821 per capita)
  24. Kosovo: $6.56 billion ($3,548 per capita [World Bank])
  25. Liechtenstein: $5.86 billion ($169,492 per capita) [UN]
  26. Montenegro: $4.24 billion ($6,409 per capita)
  27. Andorra: $3.28 billion ($39,896 per capita) [UN]
  28. San Marino: $1.56 billion ($49,615 per capita)

Note: There is no GDP data for the Vatican

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Comments

  1. Chico says

    December 10, 2018 at 10:20 pm

    Cyprus is not colored in red.

    – EH

    Reply
  2. Samir says

    September 16, 2020 at 5:15 am

    Hey
    Amazing and very usefull post. So Liechtenstein has a very high HDI score.
    Thanks but it’s true?

    Reply
  3. Juluanna says

    October 25, 2021 at 2:05 pm

    European countries? I think this map creator needs a geography lesson! All of these countries are NOT in Europe!

    Reply

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